I am pleased to add a new counter to my portfolio, especially since it has been more than 4 months since I last bought anything. Despite the new addition, my portfolio's cash position stands at a healthy 27%, in line with my portfolio re-balancing goals (here).
Equity: AEM Holdings Ltd (SGX: AWX)
Business: Semiconductors
Markets exposed: Global
Stock exchange: SGX
Purchase price: 2.31 (Cum Dividends)
Purchase month: September
10% per annum thesis:
AEM is now considered a fast grower, having turned their business around.
Introduction:
AEM is involved in the semiconductor industry, specifically in the back-end chip assembly and testing field. AEM's turnaround is premised on its new test handler, which key client Intel referred to as a product that "significantly reduces costs compared to traditional test platforms."
AEM owns the intellectual property rights to the test handler design.
Considerations:
1) Governance and Management
AEM ...
